Credit Rating Report

Unione di Banche Italiane S.p.A. Covered Bonds (OBG - Mortgages - Programme 1): Surveillance Report

Covered Bonds

Summary

On 14 September 2023, DBRS Ratings GmbH (DBRS Morningstar) downgraded its credit ratings on the Obbligazioni Bancarie Garantite issued under the Unione di Banche Italiane S.p.A. Covered Bonds Programme 1 to AA (low) from AA.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating